Debt relief in the form of bankruptcy is a legal process that can result in the clearing of all of your eligible debt. The process requires paperwork that you most likely have never seen before in your life. The first time you look at the petition, you are most likely going to be confused as to what to do. This is why you need to talk to a professional bankruptcy lawyer in Pasco County once you decide to file.
qualify for bankruptcy, you need to prove your need for relief in
order to get a permanent injunction for your debts. This injunction
bars debt collectors from contacting you. Your debts then become
ineligible for collection and if a collection agency violates that
injunction it can be sued. The law takes the concept of debt
elimination very seriously and has given consumers rights to ensure
that creditors respect the law.
this is a legal process, you are best served by working with a
bankruptcy lawyer in Pasco County.
You’ll discuss your financial issues with the lawyer and the lawyer
will suggest a course of action to resolve them.
you are ready to file, the lawyer has you take a credit counseling
class as required by law. You have to take a class before filing and
then you’ll take a debt management course mid-way through. The
certificates of completion from the courses must be submitted to the
court, one when you file, and the other by a deadline set when the
petition was filed.
order to get the petition completed for filing, the lawyer asks you
for certain kinds of financial information and sometimes a credit
report. Making sure that all creditors are listed means all are
notified of your bankruptcy and the automatic stay. The automatic
stay is a temporary injunction that becomes permanent once you are
given a discharge. Once you get a discharge, you can move on with
your life, debt-free.
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